GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Cosmo Electronics Corp (TPE:2466) » Definitions » Gross Profit

Cosmo Electronics (TPE:2466) Gross Profit : NT$109 Mil (TTM As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Cosmo Electronics Gross Profit?

Cosmo Electronics's gross profit for the three months ended in Mar. 2024 was NT$1 Mil. Cosmo Electronics's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was NT$109 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Cosmo Electronics's gross profit for the three months ended in Mar. 2024 was NT$1 Mil. Cosmo Electronics's Revenue for the three months ended in Mar. 2024 was NT$129 Mil. Therefore, Cosmo Electronics's Gross Margin % for the quarter that ended in Mar. 2024 was 0.58%.

Cosmo Electronics had a gross margin of 0.58% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Cosmo Electronics was 24.24%. The lowest was 7.88%. And the median was 12.55%.


Cosmo Electronics Gross Profit Historical Data

The historical data trend for Cosmo Electronics's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cosmo Electronics Gross Profit Chart

Cosmo Electronics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 180.75 146.83 232.93 337.13 155.84

Cosmo Electronics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.71 60.68 71.93 -24.49 0.75

Competitive Comparison of Cosmo Electronics's Gross Profit

For the Electronic Components subindustry, Cosmo Electronics's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cosmo Electronics's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Cosmo Electronics's Gross Profit distribution charts can be found below:

* The bar in red indicates where Cosmo Electronics's Gross Profit falls into.



Cosmo Electronics Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Cosmo Electronics's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=1053.42 - 897.585
=156

Cosmo Electronics's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=129.068 - 128.315
=1

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$109 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Cosmo Electronics's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1 / 129.068
=0.58 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Cosmo Electronics  (TPE:2466) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Cosmo Electronics had a gross margin of 0.58% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Cosmo Electronics Gross Profit Related Terms

Thank you for viewing the detailed overview of Cosmo Electronics's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Cosmo Electronics (TPE:2466) Business Description

Traded in Other Exchanges
N/A
Address
Liancheng Road, No. 258, 11th Floor, Zhonghe District, New Taipei, TWN, 235
Cosmo Electronics Corp is engaged in manufacture and sale of relays, photocouplers and LEDs, biomass energy, and land development business. The reportable operating segments of the company are Optoelectronics, Energy & Materials, Industrial Park Development and Others. Majority of revenue is generated from LED lighting segment.

Cosmo Electronics (TPE:2466) Headlines

No Headlines